Retirement Systems of Alabama Has $12.81 Million Stake in Oshkosh Corp (OSK)

Retirement Systems of Alabama grew its stake in Oshkosh Corp (NYSE:OSK) by 1.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 179,785 shares of the company’s stock after purchasing an additional 1,826 shares during the period. Retirement Systems of Alabama owned approximately 0.25% of Oshkosh worth $12,808,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Northpointe Capital LLC grew its stake in shares of Oshkosh by 2.0% in the 2nd quarter. Northpointe Capital LLC now owns 34,572 shares of the company’s stock valued at $2,431,000 after purchasing an additional 679 shares during the period. MainStreet Investment Advisors LLC grew its stake in shares of Oshkosh by 9.0% in the 2nd quarter. MainStreet Investment Advisors LLC now owns 9,296 shares of the company’s stock valued at $654,000 after purchasing an additional 771 shares during the period. Dynamic Technology Lab Private Ltd grew its stake in shares of Oshkosh by 9.6% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 9,244 shares of the company’s stock valued at $650,000 after purchasing an additional 807 shares during the period. Arizona State Retirement System grew its stake in shares of Oshkosh by 1.6% in the 2nd quarter. Arizona State Retirement System now owns 51,320 shares of the company’s stock valued at $3,609,000 after purchasing an additional 813 shares during the period. Finally, Aperio Group LLC grew its stake in shares of Oshkosh by 2.4% in the 3rd quarter. Aperio Group LLC now owns 38,368 shares of the company’s stock valued at $2,733,000 after purchasing an additional 902 shares during the period. Institutional investors own 89.46% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Buckingham Research assumed coverage on Oshkosh in a research note on Tuesday, August 28th. They issued a “neutral” rating and a $76.00 price objective on the stock. Credit Suisse Group lowered their price objective on Oshkosh from $96.00 to $83.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 1st. Zacks Investment Research upgraded Oshkosh from a “hold” rating to a “buy” rating and set a $80.00 price objective on the stock in a research note on Sunday, July 15th. Longbow Research started coverage on Oshkosh in a research report on Friday, July 13th. They set a “buy” rating and a $88.00 price target on the stock. Finally, Stifel Nicolaus decreased their price target on Oshkosh from $106.00 to $102.00 and set a “buy” rating on the stock in a research report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Oshkosh currently has an average rating of “Hold” and a consensus price target of $89.14.



NYSE OSK opened at $54.11 on Wednesday. The company has a market cap of $3.86 billion, a P/E ratio of 12.73, a price-to-earnings-growth ratio of 0.45 and a beta of 1.48. Oshkosh Corp has a one year low of $51.42 and a one year high of $100.26. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.16 and a current ratio of 1.88.

In related news, insider Wilson R. Jones sold 47,000 shares of the stock in a transaction that occurred on Thursday, August 2nd. The stock was sold at an average price of $72.02, for a total transaction of $3,384,940.00. Following the sale, the insider now directly owns 180,862 shares in the company, valued at approximately $13,025,681.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP David M. Sagehorn sold 45,000 shares of the stock in a transaction that occurred on Tuesday, August 7th. The stock was sold at an average price of $75.40, for a total value of $3,393,000.00. Following the sale, the vice president now owns 179,097 shares in the company, valued at $13,503,913.80. The disclosure for this sale can be found here. 1.60% of the stock is owned by corporate insiders.

About Oshkosh

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company's Access Equipment segment provides aerial work platforms and telehandlers for use in various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation; and chassis and service parts sales.

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Institutional Ownership by Quarter for Oshkosh (NYSE:OSK)

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